Showing 1 - 10 of 411
Persistent link: https://www.econbiz.de/10003748117
We survey the recent literature on growth empirics in this paper. Modern growth economics has led to a rich and wide-ranging empirical literature replete with many new methodologies and many new findings. Yet in comparing the modern empirical literature to the traditional growth accounting...
Persistent link: https://www.econbiz.de/10014062187
In this paper, we explore nonlinearities in the intergenerational mobility process using threshold regression models. We uncover evidence of threshold effects in children's outcomes based on parental education and cognitive and non-cognitive skills as well as their interaction with offspring...
Persistent link: https://www.econbiz.de/10012969371
This paper provides a synthesis of theoretical and empirical work on the Great Gatsby Curve, the positive empirical relationship between cross-section income inequality and persistence of income across generations. We present statistical models of income dynamics that mechanically give rise to...
Persistent link: https://www.econbiz.de/10012938730
This paper provides a synthesis of theoretical and empirical work on the Great Gatsby Curve, the positive empirical relationship between cross-section income inequality and persistence of income across generations. We present statistical models of income dynamics that mechanically give rise to...
Persistent link: https://www.econbiz.de/10013299543
Barro and McCleary (2003) is a key research contribution in the new literature exploring the macroeconomic effects of religious beliefs. This paper represents an effort to evaluate the strength of their claims. We evaluate their results in terms of replicability and robustness. Overall, their...
Persistent link: https://www.econbiz.de/10014055544
This paper investigates the strength of empirical evidence for various growth theories when there is model uncertainty with respect to the correct growth model. Using model averaging methods, we find little evidence that so-called fundamental growth theories play an important role in explaining...
Persistent link: https://www.econbiz.de/10014052245
We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations in the institutions versus geography debate in growth are potentially misleading
Persistent link: https://www.econbiz.de/10013134602
We employ a structural threshold regression methodology to investigate the heterogeneous effects of debt on growth using public debt as a threshold variable as well as several other plausible variables. Our methodology allows us to address three sources of model uncertainty that characterize...
Persistent link: https://www.econbiz.de/10013090684
Persistent link: https://www.econbiz.de/10009622567